The global optical coating market was worth USD 6.78 Billion in 2014, registering a CAGR of 7.1% between 2015 and 2020. In this study, 2013 has been considered as the historical year and 2014 as the base year for estimating market size of optical coatings.

Different secondary sources such as company websites, encyclopedia, directories, and databases have been used to identify and collect information that is useful for this extensive commercial study of the global optical coating market. The primary sources, which include experts from related industries, have been interviewed to verify and collect critical information as well as to assess the future prospects of the market. The top-down approach has been implemented to validate the market size in terms of value. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent market size and individual market sizes have been determined and confirmed in this study.

The optical coating market has a diversified and established ecosystem of its upstream players such as the raw material suppliers, and the downstream stakeholders such as manufacturers, vendors, end users, and government organizations. The major raw material suppliers are Merck KGaA (Germany), Beijing Scitlion Technology Co., Ltd. (China), MY Polymers (Israel), and Jiangyan ATS Optical Material Co., Ltd. (China) that supply raw material such as oxides, fluorides, metals, and rare earth materials, to the optical coatings manufacturers such as H DuPont (U.S.), ZIESS Group (Germany), PPG Industries (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), and Newport Corporation (U.S.) among others.

This study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments. These stakeholders include the optical coatings manufacturers such as Abrisa Technologies (U.S.), ZEISS Group (Germany), II-VI Optical Systems (U.S.), and Inrad Optics (U.S.), among others. The government organizations & universities such as McMaster University (Ontario, Canada), Cranfield University (U.K.), University of Reading (U.K.), European Union (EU), and the U.S. Architectural and Industrial Maintenance (AIM) Coatings are also the critical stakeholders for this study.

Scope of the Report:

This research report categorizes the market for optical coatings based on technology, type, application, and region and forecasts revenue growth and analysis of trends in each of the submarkets.

On the Basis of Technology: The optical coating market is segmented on the basis of technology, such as, e-beam evaporation, ion-assist deposition (IAD), sputtering process, and vacuum deposition. Each technology is further described in detail in the report with value forecasts till 2020.

On the Basis of Type: The optical coating market is segmented on the basis of type, such as, anti-reflective (AR) coatings, beamsplitter coatings, electrochromic (EC) coatings, filter coatings, high reflective coatings, transparent conductive coatings, and others. Each type is further described in detail in the report with value forecasts till 2020.

On the Basis of End-Use Industry: The optical coating market is segmented on the basis of end-use industries that include electronics & semiconductor, infrastructure, medical, military & defense, solar, transportation, telecommunication/optical communication, and others. Each end-use industry segment is further described in detail in the report with value forecasts till 2020.

On the Basis of Region: The optical coating market is segmented by region as North America, Asia-Pacific, Europe, and RoW. Each region is further segmented by key countries such as the U.S., Mexico, Canada, China, Japan, South Korea, India, Germany, the U.K., Russia, France, and Brazil.

Available Customizations: The following customization options are available in the report:

Country-level, by technology, analysis and forecast

Analysis of optical coatings, by technology market at country-level of every region

Company Information

Analysis and profiling of additional global as well as regional market players (Up to 3)

The global optical coating market size, in terms of value, is projected to reach USD 10.17 Billion by 2020, at a CAGR of 7.1% between 2015 and 2020. The increasing number of patents filed for optical coatings components & applications by global players, growing manufacturing industries, technological advancements, continuous product launch & development, expansion and merger & acquisition activities undertaken by companies are key factors for the growth of the global optical coating market.

The sputtering process is projected to be the fastest-growing technology of optical coatings between 2015 and 2020. The increasing demand for cost-effective film coatings such as anti-reflective coatings, and filter coatings in biomedical, laser, and defense industries are key factors that are fuelling the growth of sputtering process in the optical coatings technology market.

Filter coatings are projected to register the fastest-growth among other types followed by transparent conductive coatings in the global optical coating market. The demand of filter coatings is mainly driven by its ability to provide high performance and environmentally stable coatings in end-use industries such as solar, biomedical, defense, aerospace, and sensors.

Solar is the fastest-growing end-use industry segment in the global optical coating market. Anti-reflective coatings and filter coatings are the highly preferred types of optical coatings in the solar industry. The growing demand thermally controlled coating solutions for sensitive detectors, solar panel& cells, and increasing investments in the solar industry are key factors leading to a fast growth of solar applications in the optical coatings end-use industry market.

North America was the largest market for optical coatings, in terms of value, in 2014. The growing demand of non-toxic and eco-friendly optical coating materials in semiconductor & circuit assembly, sensing applications, laser systems, and aerospace applications have led to the growth of optical coatings in this region.

Asia-Pacific is projected to register the high CAGR in the optical coating market, in terms of value between 2015 and 2020. This growth is majorly driven by a growing demand for advanced and sophisticated electronic devices such as smartphones, LCDs, and computers. Rising investments by foreign companies; growing production facilities; and rise in standard of living are the other major factors contributing the growth of optical coatings market in this region.

Though the optical coating market is gaining importance at a fast pace, few factors act as a bottleneck towards the growth of optical coatings in the global coatings market. The volatility in optical coatings raw material prices owing to stringent environment regulations and VOC emission restrictions are the major restraints toward the growth of the market.

The companies such as DuPont (U.S.), ZEISS Group (Germany), PPG Industries (U.S.), Newport Corporation (U.S.), and Nippon Sheet Glass & Co., Ltd. (Japan) are the dominant market players in the global optical coating market. The diverse product portfolio and strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are few factors that are responsible for strengthening the market position of these companies in the optical coatings market. They have been adopting various organic and inorganic growth strategies to enhance the current market scenario of optical coatings.

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